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IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production | OilPrice.com
Global oil demand will exceed supply by 1.78M bpd in 2026 as Middle East conflict closes the Strait of Hormuz.
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energyintel.com
EIA Adjusts Outlook to Account for Longer Mideast Outages
The US agency made huge revisions to its global oil supply, demand and inventory projections as a result of the Mideast war and closure of the Strait of Hormuz.
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tass.com
IEA worsens global oil demand forecast, expects decline of 418,000 bpd in 2026
The agency thus worsened its demand forecast by 334,000 bpd compared with its April expectations, when the IEA projected a decline of 84,000 bpd
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euronews.com
Oil stocks drain at record pace as IEA warns of renewed price swings
The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to…
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english.alarabiya.net
OPEC cuts 2026 global oil demand growth forecast
OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, joining other forecasters such as the International Energy Agency in cutting
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oilprice.com
IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production | OilPrice.com
Global oil demand will exceed supply by 1.78M bpd in 2026 as Middle East conflict closes the Strait of Hormuz.
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cnbc.com
Hormuz closure cuts OPEC oil production by 30% and threatens demand growth this year, cartel says
Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.
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IEA Sees Bigger Drop in Demand, Warns on Inventories
The IEA and Opec have both lowered their forecasts for global oil demand in 2026, but the producer group sees a far more resilient oil market.
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smh.com.au
Supply shock: The Iran war will change the oil market forever
The latest International Energy Agency assessment of the oil market points to a continuing shortfall of oil supply, and higher prices, even if the war were to end next month.